Ensuring Business Continuity for Rural Banks

In the Philippines amid the rapid widespreadof the Covid-19 pandemic and the lockdown of cities, the National Disaster Risk Reduction and Management Council (NDRRMC) classified banking and financial services as an essential sector. From its part, the Bangko Sentral ng Pilipinas (BSP) urge all financial institutions under its supervision to “ensure that their operations can withstand the effect of major disruptions.’’